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Banking & Finance

RBI releases guidelines for banks to manage foreign currency exposure

Michael Grunwald Oct 13, 2022
RBI releases guidelines for banks to manage foreign currency exposure RBI has directed banks to assess the unhedged foreign currency exposures of all counterparties to whom…
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Business Profiles

IRFC teams up with IIFCL to finance railways infra projects

Michael Grunwald Oct 13, 2022
IRFC teams up with IIFCL to finance railways infra projects IRFC has inked a pact with IIFCL to boost cooperation in financing railway infrastructure projects with forward…
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Analysis

Indian tea players to benefit as Sri Lankan production falls to 25-yr low: Report

Michael Grunwald Oct 13, 2022
Indian tea players to benefit as Sri Lankan production falls to 25-yr low: Report Orthodox players are likely to see a margin expansion in FY23 while crush-tear-curl (CTC)…
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Article

Festival bonanza for Railway employees! Govt announces 78-day bonus

Michael Grunwald Oct 13, 2022
Festival bonanza for Railway employees! Govt announces 78-day bonus Railway Bonus:The maximum amount payable per eligible railway employee is Rs 17,951 for 78 days.…
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Article

Falling forex reserves, rising CAD may shake India’s sovereign ratings: S&P

Michael Grunwald Oct 13, 2022
Falling forex reserves, rising CAD may shake India's sovereign ratings: S&P The fall in its forex reserves to around $533 billion currently, from a peak of about $634…
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Business Profiles

States’ exports jump 3 times with One District One Product scheme: SBI

Michael Grunwald Oct 13, 2022
States' exports jump 3 times with One District One Product scheme: SBI Services exports should be given a more prominent place under ODOP-DEH, says SBI Research Exports of 16…
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Analysis

Indian economy may grow at 6-7% in FY23 : PHDCCI

Michael Grunwald Oct 13, 2022
Indian economy may grow at 6-7% in FY23 : PHDCCI Synopsis Chamber's new president Saket Dalmia said production has bounced back and there is a "big" demand in the country.…
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Business Profiles

India in talks with other nations to make RuPay, UPI, BHIM acceptable: FM

Michael Grunwald Oct 13, 2022
India in talks with other nations to make RuPay, UPI, BHIM acceptable: FM Nirmala Sitharaman says interoperability of these platforms gives strength to Indians'…
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Article

Reuters names Aditya Kalra as Editor, Company News-India

Michael Grunwald Oct 13, 2022
Reuters names Aditya Kalra as Editor, Company News-India Kalra has been with the news agency for over 14 years Aditya Kalra has been appointed as Editor, Company News,…
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Business Profiles

Samsung says will roll out 5G software update by mid-November in India

Michael Grunwald Oct 13, 2022
Samsung says will roll out 5G software update by mid-November in India Samsung India on Wednesday said it will roll out the software update for its vast portfolio of 5G devices in…
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